Acrylic Adhesives

Acrylic Adhesives

Global Acrylic Adhesives Market to Reach US$20.6 Billion by 2030

The global market for Acrylic Adhesives estimated at US$13.2 Billion in the year 2023, is expected to reach US$20.6 Billion by 2030, growing at a CAGR of 6.6% over the analysis period 2023-2030. Water-based Technology, one of the segments analyzed in the report, is expected to record a 6.9% CAGR and reach US$10.2 Billion by the end of the analysis period. Growth in the Solvent-based Technology segment is estimated at 6.1% CAGR over the analysis period.

The U.S. Market is Estimated at US$3.4 Billion While China is Forecast to Grow at 10.2% CAGR

The Acrylic Adhesives market in the U.S. is estimated at US$3.4 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$5.0 Billion by the year 2030 trailing a CAGR of 10.2% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 3.7% and 5.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.8% CAGR.

Global Acrylic Adhesives Market - Key Trends and Drivers Summarized

Why Are Acrylic Adhesives Becoming a Go-To Solution in Modern Manufacturing?

Acrylic adhesives have gained widespread recognition as a critical solution in modern manufacturing and construction due to their versatile and high-performance bonding properties. But why are they becoming so indispensable? Acrylic adhesives are known for their strong bonding capabilities, durability, and ability to adhere to a wide variety of materials, including metals, plastics, glass, wood, and composites. This makes them an ideal choice for industries where robust and reliable bonding is essential, such as automotive, electronics, aerospace, and building construction. One of the key advantages of acrylic adhesives is their ability to form strong bonds quickly, often curing at room temperature without the need for additional heat or UV light. This rapid curing time increases productivity and efficiency in manufacturing processes. Moreover, these adhesives offer excellent resistance to environmental factors like moisture, temperature fluctuations, chemicals, and UV light, making them suitable for both indoor and outdoor applications. Their flexibility and strength allow them to maintain adhesion even under stress or in challenging conditions, which is why they are increasingly replacing traditional fastening methods like screws, bolts, and welding in many applications.

Where Are Acrylic Adhesives Making the Biggest Impact?

Acrylic adhesives are making a significant impact across a variety of industries, where their unique properties offer solutions to complex bonding challenges. In the automotive industry, for example, acrylic adhesives are widely used for assembling components like body panels, windshields, and interior trim. Their ability to bond dissimilar materials and withstand extreme temperatures and vibrations makes them ideal for this sector, where durability and performance are paramount. Similarly, in the electronics industry, acrylic adhesives are used to secure components, seal enclosures, and provide thermal management, as they can handle both the delicate nature of electronic parts and the harsh environments in which many devices operate. The aerospace industry also relies on acrylic adhesives for bonding lightweight materials used in aircraft and spacecraft, where weight reduction is critical without compromising strength. In the construction sector, acrylic adhesives are used for flooring, paneling, and insulation installation, as they provide a strong bond while allowing for flexibility in materials and surfaces. Additionally, these adhesives are increasingly being used in the renewable energy industry, particularly in the assembly of solar panels and wind turbines, where their ability to withstand extreme weather conditions is invaluable. The diverse applications of acrylic adhesives across these industries highlight their versatility and the growing demand for efficient, reliable bonding solutions.

What Technological Innovations Are Shaping Acrylic Adhesives?

The advancement of acrylic adhesive technology has been driven by innovations that improve performance, sustainability, and ease of use. One of the most notable technological developments in recent years is the creation of structural acrylic adhesives that offer exceptional strength and can replace mechanical fasteners like rivets and welds in high-stress applications. These adhesives not only provide strong bonds but also distribute stress more evenly across bonded surfaces, leading to longer-lasting and more durable assemblies. Another key innovation is the development of low-odor and low-emission acrylic adhesives, which address health and environmental concerns in manufacturing environments. These eco-friendly adhesives are designed to meet stringent environmental regulations while maintaining high performance, making them particularly attractive in industries where sustainability is becoming a top priority. Additionally, advancements in adhesive curing technology have led to the introduction of UV-curable acrylic adhesives, which cure almost instantaneously when exposed to ultraviolet light, significantly reducing production times. This has been a game-changer for industries like electronics and medical devices, where precision and speed are critical. Moreover, smart adhesive formulations that can adapt to different environmental conditions, such as temperature and humidity, are emerging, making acrylic adhesives more reliable in dynamic settings. The continuous improvement of adhesive technology is expanding the scope of what acrylic adhesives can achieve, providing manufacturers with more efficient, cost-effective, and sustainable bonding solutions.

What’s Driving the Expansion of the Acrylic Adhesives Market?

The growth in the acrylic adhesives market is driven by several key factors, each reflecting the evolving needs of modern industries and advances in adhesive technology. One of the primary drivers is the increasing demand for lightweight and high-performance materials in sectors like automotive, aerospace, and construction. As manufacturers strive to reduce the weight of vehicles, aircraft, and building materials without sacrificing strength, acrylic adhesives have become a preferred choice due to their ability to bond dissimilar materials and offer structural support. Additionally, the shift towards electric vehicles (EVs) has boosted the demand for adhesives that can bond components while providing insulation and thermal management, further propelling the acrylic adhesive market. Another important factor is the rise of sustainability initiatives across various industries. Companies are seeking eco-friendly alternatives to traditional bonding methods, and low-emission, solvent-free acrylic adhesives are gaining traction as a more environmentally responsible solution. The construction industry`s adoption of green building practices has also contributed to the increased use of acrylic adhesives, which help meet regulatory standards for sustainability and energy efficiency. Moreover, advancements in manufacturing processes, particularly in automation, are driving the need for fast-curing adhesives that can improve production speed and reduce downtime. Acrylic adhesives, with their quick curing times and versatile applications, are increasingly seen as a solution for optimizing these processes. Lastly, the expansion of emerging markets, particularly in Asia-Pacific, where infrastructure development and industrialization are on the rise, is contributing to the growing demand for acrylic adhesives. These factors, combined with ongoing innovations in adhesive technology, are fueling the growth of the acrylic adhesives market globally.

Select Competitors (Total 43 Featured) -

• 3M Company
• Avery Dennison Corporation
• Bostik Sa
• Dana Lim A/S
• Dynea
• Franklin Adhesives and Polymers
• H.B. Fuller
• Henkel AG & Company
• Huntsman Corporation
• Illinois Tool Works Inc.
• Permabond LLC.
• Pidilite Industries
• Royal Adhesives & Sealants, LLC
• Sika AG
• The Dow Chemical Company
• Toagosei Co., Ltd.

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.